November 28, 2012
Madison — Premier Bank is expanding the West Hamlin Banking Office in the Lincoln Plaza according to Emma Byrnside, Exec. Vice Pres., Boone Div. Pres.
The project, which will double the bank’s space, is the result of teamwork by the Lincoln County Economic Development Authority (EDA), The Stowers Group and Premier Bank. Lincoln EDA President, Larry Stutler initiated discussions with Premier Bank Branch Manager, Kevin Ramey about expanding to the space the EDA now occupies. The idea was then presented to building owner, Lyle Stowers, who immediately supported the idea.
Renovations are expected to begin by Dec. 17, with a targeted completion date of Jan. 5. No interruptions to daily bank operations are expected. According to Ramey, in addition to increasing the lobby service area, the project will add additional office space, provide safer access for customers and offer much improved visibility to Route 10 traffic.
Lincoln County EDA President Stutler commented, “We’re pleased to have been successful in bringing all the parties to the table and reaching an agreement that expands business and benefits our communities at the same time.” Stutler also said the Lincoln EDA will remain in West Hamlin and move to offices in the City National Bank Building. Stowers Group President Lyle Stowers added, “Premier has always been a great asset to Lincoln County and the surrounding communities and this expansion shows their strong commitment for the future. There are not many banks these days where you get the attention, personal and friendly service that Premier Bank offers.”
Premier Bank is a $750 million West Virginia chartered bank with 13 locations in West Virginia, 6 locations in the DC Metro area and 2 locations in Virginia. Premier Bank is a wholly-owned subsidiary of Premier Financial Bancorp, Inc. (NASDAQ/GM: PFBI), a $1.2 billion dollar, Huntington, W.Va.-based bank holding company.